Robeco Institutional Asset Management B.V. cut its holdings in shares of Xylem Inc. (NYSE:XYL – Free Report) by 29.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 221,927 shares of the industrial products company’s stock after selling 93,037 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.09% of Xylem worth $25,748,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Pacer Advisors Inc. increased its stake in Xylem by 46.4% during the 4th quarter. Pacer Advisors Inc. now owns 26,387 shares of the industrial products company’s stock worth $3,061,000 after acquiring an additional 8,366 shares during the period. Union Bancaire Privee UBP SA acquired a new position in Xylem in the fourth quarter valued at about $3,395,000. Capital Asset Advisory Services LLC lifted its position in Xylem by 32.0% during the fourth quarter. Capital Asset Advisory Services LLC now owns 2,646 shares of the industrial products company’s stock worth $310,000 after purchasing an additional 641 shares during the period. Blue Trust Inc. grew its stake in Xylem by 29.4% during the fourth quarter. Blue Trust Inc. now owns 1,294 shares of the industrial products company’s stock worth $150,000 after buying an additional 294 shares in the last quarter. Finally, PFG Investments LLC raised its position in shares of Xylem by 6.0% in the 4th quarter. PFG Investments LLC now owns 10,502 shares of the industrial products company’s stock valued at $1,218,000 after buying an additional 593 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts recently issued reports on XYL shares. Robert W. Baird decreased their price objective on shares of Xylem from $175.00 to $154.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Citigroup lowered their price target on Xylem from $148.00 to $147.00 and set a “buy” rating for the company in a report on Monday, January 13th. TD Cowen reduced their price objective on Xylem from $138.00 to $125.00 and set a “hold” rating on the stock in a research note on Wednesday, November 6th. Wolfe Research reissued a “peer perform” rating on shares of Xylem in a research note on Thursday, December 12th. Finally, Stifel Nicolaus reduced their price target on shares of Xylem from $166.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Xylem currently has a consensus rating of “Moderate Buy” and an average target price of $150.50.
Xylem Trading Up 0.5 %
XYL opened at $121.83 on Friday. The company’s 50 day moving average price is $120.75 and its two-hundred day moving average price is $128.00. The firm has a market capitalization of $29.60 billion, a price-to-earnings ratio of 35.62, a PEG ratio of 2.05 and a beta of 1.06. Xylem Inc. has a fifty-two week low of $112.02 and a fifty-two week high of $146.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.96 and a quick ratio of 1.42.
Xylem (NYSE:XYL – Get Free Report) last announced its earnings results on Thursday, October 31st. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.11. Xylem had a return on equity of 9.61% and a net margin of 9.85%. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period last year, the company earned $0.99 EPS. Xylem’s revenue for the quarter was up .2% compared to the same quarter last year. As a group, research analysts predict that Xylem Inc. will post 4.23 earnings per share for the current year.
Xylem Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Tuesday, November 26th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Tuesday, November 26th. Xylem’s dividend payout ratio is currently 42.11%.
Xylem Company Profile
Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.
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